Masters Mates & Pilots Vacation Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 135638830 ✦ Linthicum heights, MD ✦ Designated as a 501(c)(9)

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Overview

What is Masters Mates & Pilots Vacation Fund?

Masters Mates & Pilots Vacation Fund is a nonprofit organization located in Linticum Heights, Maryland. Established to provide vacation benefits for eligible members, the organization adheres to the terms of collective bargaining agreements. With a total workforce of 840 employees, Masters Mates & Pilots Vacation Fund aims to enhance the well-being of its members by offering vacation-related perks.

Is Masters Mates & Pilots Vacation Fund legitimate?

Masters Mates & Pilots Vacation Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Masters Mates & Pilots Vacation Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $136,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $253,512

For more financial information, click here

What is the mission statement of Masters Mates & Pilots Vacation Fund?

The Masters Mates & Pilots Vacation Fund is dedicated to granting vacation benefits to eligible members who are employed under the terms of collective bargaining agreements. The primary mission of this organization is to ensure that these members can take a well-deserved break, enhancing their overall quality of life. By providing vacation and related benefits, the fund plays a crucial role in promoting work-life balance and boosting morale. The fund's efforts contribute to the well-being of its members, allowing them to recharge and return to their jobs with renewed energy and focus. Additionally, these benefits can help strengthen the commitment and dedication of the workforce, leading to increased productivity and job satisfaction.

Who is the CEO of Masters Mates & Pilots Vacation Fund?

Donald Marcus is the Trustee, Chairman of Masters Mates & Pilots Vacation Fund.

What is the revenue of Masters Mates & Pilots Vacation Fund?

Masters Mates & Pilots Vacation Fund's revenue in 2022 was $37,512,218.

Who are the executives of Masters Mates & Pilots Vacation Fund and what are their salaries?

The average compensation at Masters Mates & Pilots Vacation Fund during 2022 was $465. There are 840 employees and 9 volunteers at Masters Mates & Pilots Vacation Fund.


Here are 21 key members and their salaries:


Capt Donald Marcus (Trustee, Chairman)
  • Compensation: $0
  • Related: $229,155
  • Other: $59,711
Mr Edward R Morgan (Trustee, Secretary, Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Capt John W Sullivan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Daniel Driscoll (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr J Lars Turner (Trustee)
  • Compensation: $0
  • Related: $189,445
  • Other: $48,932
Mr Donald Josberger (Trustee)
  • Compensation: $0
  • Related: $258,671
  • Other: $60,383
Mr David Scott Putty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Edward Hanley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Edward Washburn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Thomas Larkin (Trustee)
  • Compensation: $0
  • Related: $194,936
  • Other: $48,121
Mr Lawrence T Lyons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Boriana Farrar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jeremy Hope (Trustee)
  • Compensation: $0
  • Related: $198,778
  • Other: $50,789
Mr Michael Labonte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Patrick Mccullough (Administrator)
  • Compensation: $28,401
  • Related: $194,354
  • Other: $57,014
Ms Paula Phillips (Controller)
  • Compensation: $19,580
  • Related: $133,988
  • Other: $46,527
Ms Ann Marie Mccullough (Director-Heatlh Benefits)
  • Compensation: $20,368
  • Related: $139,380
  • Other: $56,839
Mr Ken Ryan (Deputy Director)
  • Compensation: $25,271
  • Related: $172,929
  • Other: $56,094
Mr Michael Mccullough (Lead Operations Clerk)
  • Compensation: $17,767
  • Related: $121,585
  • Other: $27,488
Mr Joseph Giusto (Programmer/Analyst)
  • Compensation: $16,953
  • Related: $116,009
  • Other: $29,833
Mr David Romano (Director-Pension, Irap And)
  • Compensation: $14,167
  • Related: $96,950
  • Other: $43,390
Where can I find the form 990 for Masters Mates & Pilots Vacation Fund?

Masters Mates & Pilots Vacation Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Masters Mates & Pilots Vacation Fund

Masters Mates & Pilots Vacation Fund is a nonprofit organization that offers vacation benefits to eligible members who are employed under collective bargaining agreements. This mission is geared towards providing well-deserved rest and relaxation for those working under these agreements.

The organization strives to make a tangible difference in the lives of its participants by granting them access to vacation and related benefits. Masters Mates & Pilots Vacation Fund's primary focus is on ensuring that the men and women it serves can take a break from their demanding jobs and rejuvenate, enabling them to return to their work with renewed energy and focus.

Through its dedication to this essential goal, Masters Mates & Pilots Vacation Fund plays an essential role in promoting the overall well-being of its members. By providing vacation benefits, the organization contributes to a more balanced work-life equilibrium, fostering improved physical and mental health, and ultimately enhancing the overall quality of life for those it serves.

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Impact




October, 2024

Masters Mates & Pilots Vacation Fund plays a crucial role in enhancing the well-being of eligible members employed under collective bargaining agreements. By providing vacation benefits, it supports the mental and physical health of participants, allowing them critical time to rest and rejuvenate. This not only contributes to better work-life balance but can also lead to increased productivity and morale among members. In doing so, it fosters a sense of community and mutual benefit, ensuring that those who dedicate their work to this industry can enjoy the essential time off they deserve. Operating from Linthicum Heights, MD, the Fund's commitment to vacation and related benefits strengthens the overall support system for maritime professionals and their families.




This information is meant to be a general summary of Masters Mates & Pilots Vacation Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$37,512,218 (2022)
Expenses
$37,677,801 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $66,083
  • Program Service Revenue: $37,446,135
  • Gross Receipts: $37,512,218

Assets and Liabilities:

  • Total Assets: $11,694,690
  • Total Liabilities: $511,956
  • Net Assets: $11,182,734

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRIBUTIONS - EMPLOYERS

Revenue

$37,446,135

Organization Details

Founding Year

1955

Principal Officer

Donald Marcus

Main Address

700 MARITIME BLVD SUITE A, LINTHICUM HEIGHTS, MD, 210901996

NTEE Category

Code: Y40 - Mutual benefit

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